[LOS] London Open Strategy ([LOS] London Open Strategy) - MT4/MT5 Resources

The title says it all. Yes! This is the London public strategy!
I don't know if anyone else has developed this amazing strategy, but I'm here to share this exciting system with you all!

Rules (1 hour TF)
1. Before the London Open (10am on my MT4) we get the direction of the candle
2. Refer to TDI
3. If the direction is the same, enter the trade at LO.

R:R ratio I strongly recommend SL to be 20 points, the same as TP. You can use a trailing stop to ride the trend.



In the example, I marked 3 transactions. The London Open is marked with a red vertical line.

Trade one:
1. Before LO, the previous candle is a bear candle.
2. The TDI on this candlestick previously crossed downwards, meaning it is still in a downtrend.
3. So we sold this pair at LO

Transaction 2:
1. Before LO, the previous candle is a bull candle.
2. The TDI on this candlestick previously crossed downwards, meaning it is still in a downtrend. (Look carefully, TDI has not crossed upward yet and remains in a downward trend)
3. So we don’t do this deal.

Transaction 3:
1. Before LO, the previous candle is a bear candle.
2. The TDI on this candlestick previously crossed downwards, meaning it is still in a downtrend.
3. So we sold this pair at LO

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